MidCap Business Credit Closes New $7.5MM for TAB Products

MidCap Business Credit closed a new $7.5 million senior secured credit facility for TAB Products.

MidCap Business Credit Funds $14MM ABL Facility for Borman

MidCap Business Credit closed a $14 million asset-based credit facility for EMD Acquisition, d/b/a Borman Specialty Materials, a portfolio company of Polymathes Capital in New Jersey.

MidCap Business Credit Closes $8MM Sovereign Revolver

MidCap Business Credit completed an $8 million revolving credit facility for Sovereign Pharmaceuticals.

MidCap Business Credit Provides $4MM ABL LoC to NEJ

MidCap Business Credit completed a $4 million asset based revolving line of credit for NEJ.

MidCap Business Credit Provides $6MM ABL Facility to Rotam

MidCap Business Credit completed a $6 million asset based credit facility for Rotam North America.

MidCap Business Provides $85.MM ABL to Elastic Fabrics

MidCap Business Credit completed an $8.5 million asset-based credit facility for Elastic Fabrics of America.

WFCF Upsizes Midcap ABL Revolver to $100MM

Wells Fargo Capital Finance increased Midcap Business Credit’s revolving ABL facility to $100 million.

Lepri Joins MidCap Business Credit as VP

Lisa Lepri joined MidCap Business Credit as vice president of Operations and Collateral.

MidCap Business Credit Upsizes ISA L/C by $2MM

MidCap Business Credit completed a $2 million increase to a revolving line of credit for Industrial Services of America, a metals recycler headquartered in Louisville, KY.

MidCap Business Credit Provides $7.5MM Revolver to Wescon

MidCap Business Credit completed a $7.5 million revolving credit facility for Wescon Plastics. The facility was used to refinance the company’s existing senior debt and to support the company’s growth plans and working capital needs.